Pennsylvania Capital Management Inc. ADV Has $6.10 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pennsylvania Capital Management Inc. ADV increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 175.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 223,290 shares of the company’s stock after purchasing an additional 142,331 shares during the quarter. Schwab US Dividend Equity ETF makes up 2.1% of Pennsylvania Capital Management Inc. ADV’s holdings, making the stock its 10th largest position. Pennsylvania Capital Management Inc. ADV’s holdings in Schwab US Dividend Equity ETF were worth $6,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Sumitomo Life Insurance Co. increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after purchasing an additional 17,880,000 shares in the last quarter. LPL Financial LLC increased its stake in Schwab US Dividend Equity ETF by 3.1% during the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares in the last quarter. Orgel Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after buying an additional 6,804,908 shares during the last quarter. Keystone Financial Planning Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 207.3% during the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after buying an additional 3,286,917 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4 %

Shares of NYSEARCA:SCHD opened at $27.72 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The company has a market cap of $19.45 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s 50 day moving average is $28.02 and its 200 day moving average is $27.96.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.